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UK property market on the road to recovery

Posted on 23 January 2013

An analysis of data from the leading UK house price indices reveals that the residential property market saw monthly price growth slow in the fourth quarter of 2012. However, strong growth in the opening six months of the year meant prices still ended the year up 3.4%, according to the data from property and financial services company Assetz.
This means that the average price of a home in the UK is now £202,824, an increase of £6,634 since December 2011. The figures are compiled from data provided by the Office of National Statistics (ONS), LSL Acadametrics, the Halifax, the Nationwide and Rightmove. The firm says it gives a comprehensive overview of the UK property market and a more accurate and less volatile picture of house price trends………………………………………..Full Article: Source


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